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Dec 30, 2012
12/12
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president obama pushed lawmakers to act. >> we cannot let washington politics get in the wake of america's progress. >> the president met with top party leaders friday calling on them to allow a vote on his plan would raise taxes on those making more than $250,000. >> i believe such a proposal could pass both houses with majorities, as long as these leaders allow it to come to a vote. >> roy blunt delivered the response, criticizing the president's proposal. >> the president's proposal to raise taxes on the top 2% will not only pay 1/3 of the interest owed on this massive $16 trillion debt. >> sources say senate leaders harry reid and mitch mcconnell are drafting a small stopgap plan that could include extending unemployment insurance, protecting 30 million americans from paying the alternative minimum tax, and allowing tax rates to increase on the wealthiest americans. but the issue remains a major sticking point, with many republicans resisting any tax increase. economists says the last minute product -- a process called into question washington's ability to deal with the hard issues of
president obama pushed lawmakers to act. >> we cannot let washington politics get in the wake of america's progress. >> the president met with top party leaders friday calling on them to allow a vote on his plan would raise taxes on those making more than $250,000. >> i believe such a proposal could pass both houses with majorities, as long as these leaders allow it to come to a vote. >> roy blunt delivered the response, criticizing the president's proposal. >> the...
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Dec 24, 2012
12/12
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lawmakers are getting more skeptical that congress and president obama can reach a deal. a big drop for stocks on friday. it is costing you last to get to grandma's house. gasoline prices have dropped to the lowest level in years. prices could rise as much as 10% a gallon over the next few days. engineers said motorola working on a top-secret device. featured is a bendable screen. google is looking to release this some time next year. i am ellen braitman with the bloomberg business report. >> 5:23. a teenager riding the holidays for her community. >> don't forget to e-mail us your response to our water cooler question of the day. how will you be spending christmas? you can share your response at wbaltv.com and on our facebook page, or send us an e-mail to watercooler@wbaltv.com. >> the girl is spreading some holiday cheer to some families in carroll county. >> this 16-year-old is busy wrapping christmas presents for low-income families in carroll county that have children with chronic illnesses. >> i like working with kids and i want to be a nurse. it is nice to be able t
lawmakers are getting more skeptical that congress and president obama can reach a deal. a big drop for stocks on friday. it is costing you last to get to grandma's house. gasoline prices have dropped to the lowest level in years. prices could rise as much as 10% a gallon over the next few days. engineers said motorola working on a top-secret device. featured is a bendable screen. google is looking to release this some time next year. i am ellen braitman with the bloomberg business report....
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Dec 26, 2012
12/12
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WMAR
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president obama and congressional leaders are cutting their vacation short to be back in washington but it's not clear whether a last-minute deal can be reached. >> i don't want to go over the cliff. >> middle class people will have their taxes go up an average of $2,000 a career and we should start making meaningful reform on the debt. >> there's talk about a smaller deal by harry reid that would prevent tax increases on those earning less than $250,000. >>> starbucks has come up with a democratic way for people to send a message to washington. the coffee giant is asking the stores to write the words come together on all drinks served tomorrow and friday. >>> well, they invested in a finance company owned by a now infamous baltimore insurance pitch man. now that hal katz business has gone belly up, they're out of luck. investigators continue digging into the story we first brought you in october. some lost college funds, life savings after funding one of katz' companies. >> it's not just a miss proargs of money -- misappropriation of money but a lack of trust. >> how many millions are
president obama and congressional leaders are cutting their vacation short to be back in washington but it's not clear whether a last-minute deal can be reached. >> i don't want to go over the cliff. >> middle class people will have their taxes go up an average of $2,000 a career and we should start making meaningful reform on the debt. >> there's talk about a smaller deal by harry reid that would prevent tax increases on those earning less than $250,000. >>>...
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Dec 30, 2012
12/12
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day is now just the day after tomorrow and there's still no sign leaders are closer to agreeing on a deal to avoid the fiscal cliff. here's brian mooar. >> as senate leaders were behind closed doors, president obama and republicans issued dueling messages on the web. >> we can't afford a politically self-inflicted wound to our economy. the economy is growing. >> if the nation goes over the fiscal cliff next tuesday, each side blames the other. >> we can avoid going over the fiscal cliff if the president and democrat controlled senate step forward this week and work with republicans to solve this problem and solve it now. >> all over the country now, uncertainty is in the area. >> it's not a matter of am i going to pay my light bill or not but will it deplete my savings. >> even if the impact isn't real, the perceived impact could cause us to drop off in sales. >> getting a deal is up to the senate's top democrat and top republican. >> we are engaged in discussions, the majority leader myself and the white house, in hopes we can come forward as early as sunday and have a recommendation. >>
day is now just the day after tomorrow and there's still no sign leaders are closer to agreeing on a deal to avoid the fiscal cliff. here's brian mooar. >> as senate leaders were behind closed doors, president obama and republicans issued dueling messages on the web. >> we can't afford a politically self-inflicted wound to our economy. the economy is growing. >> if the nation goes over the fiscal cliff next tuesday, each side blames the other. >> we can avoid going over...
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Dec 24, 2012
12/12
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. >> president obama says that he will cut his holiday vacation short and try to hammer out the deal with congress. law makers are expected to return to washington later on this week to continue the negotiations. >>> well it's christmas eve and guess what, not everybody has done their christmas shopping. as i am suspecting you are the ones guilty of this. our floor director here a woman, she says she has not finished either. so if you are one of those procrastinators, you are not alone. millions of people are expected to hit the stores. abc2 news linda so is live this morning at the mall in columbia with those last-minute shoppers. i can't believe so many people wait so long linda. >> reporter: i know. i guess it's exciting for them. i don't get it i was done on black friday and i am not bragging but again some people like to shop under pressure. you know macy's and the mall in columbia here they are helping people out. those who have waited this long. the major anchor stores here at the mall will be opening at 7 this morning and macy's j.c. penney's and nordstrom's opening at 8 and
. >> president obama says that he will cut his holiday vacation short and try to hammer out the deal with congress. law makers are expected to return to washington later on this week to continue the negotiations. >>> well it's christmas eve and guess what, not everybody has done their christmas shopping. as i am suspecting you are the ones guilty of this. our floor director here a woman, she says she has not finished either. so if you are one of those procrastinators, you are not...
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Dec 27, 2012
12/12
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congress is back in the nation's capitol trying to hammer out a deal. congressional officials say they don't know if any significant strides toward a compromise will take place. or going to happen before new year's and without an agreement automatic tax increases for everyone and deep spending cuts especially to defense. they go intoe penalty in 2013. the main dispute remains over taxes. who should be taxed? and when. >>> well, people may be mixed on the feelings for president obama. his wifes seems to have no problem charming the public. according to a new poll released yesterday the first lady has a 73% approval rating. secretary of state hillary clinton also pretty popular with 66% approving of her job performance. a little more than half of the people asked feel that both president obama and vice president joe biden are doing a good job. >>> just a few hours you will be able to gamble any time of the day that you want. >> maryland live casino is getting ready to open its doors and once that happens they're going to remain open 24/7. >> abc2 news lin
congress is back in the nation's capitol trying to hammer out a deal. congressional officials say they don't know if any significant strides toward a compromise will take place. or going to happen before new year's and without an agreement automatic tax increases for everyone and deep spending cuts especially to defense. they go intoe penalty in 2013. the main dispute remains over taxes. who should be taxed? and when. >>> well, people may be mixed on the feelings for president obama....
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549
Dec 26, 2012
12/12
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but president obama is cutting short his christmas vacation. he is leaving hawaii tonight, so he can be back in washington when congress reconvenes tomorrow. and they can try once again to negotiate a deal to avoid the fiscal cliff by the end of the year. just about every american family will see their taxes increase on january 1 unless a deal is reached. lawmakers are expressing little optimism so far. meantime, the president spent christmas in hawaii, visiting a local marine base, thanking more than 100 troops and their families for their service. >>> and this morning, the taliban is claiming responsibility for a suicide bombing at a major u.s. base in eastern afghanistan. three afghans, including a guard at camp chatman were killed in today's explosion. >>> back here at home, former major league baseball player andruw jones is free on bail this morning. he was arrested near atlanta early christmas morning on a battery charge, after police responded to a call about a domestic dispute with his wife. >>> and netflix, they are apologizing for a
but president obama is cutting short his christmas vacation. he is leaving hawaii tonight, so he can be back in washington when congress reconvenes tomorrow. and they can try once again to negotiate a deal to avoid the fiscal cliff by the end of the year. just about every american family will see their taxes increase on january 1 unless a deal is reached. lawmakers are expressing little optimism so far. meantime, the president spent christmas in hawaii, visiting a local marine base, thanking...